156,340 Shares in Fiserv, Inc. $FISV Acquired by Associated Banc Corp

Associated Banc Corp acquired a new position in shares of Fiserv, Inc. (NASDAQ:FISV) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 156,340 shares of the business services provider’s stock, valued at approximately $10,501,000.

A number of other hedge funds have also recently made changes to their positions in FISV. Stonebridge Capital Advisors LLC boosted its holdings in shares of Fiserv by 2.3% in the second quarter. Stonebridge Capital Advisors LLC now owns 4,318 shares of the business services provider’s stock valued at $744,000 after acquiring an additional 98 shares in the last quarter. Bison Wealth LLC boosted its holdings in Fiserv by 5.3% during the fourth quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider’s stock worth $472,000 after buying an additional 116 shares in the last quarter. Cornerstone Planning Group LLC boosted its holdings in Fiserv by 50.3% during the third quarter. Cornerstone Planning Group LLC now owns 472 shares of the business services provider’s stock worth $61,000 after buying an additional 158 shares in the last quarter. Twin City Private Wealth LLC boosted its holdings in Fiserv by 5.0% during the third quarter. Twin City Private Wealth LLC now owns 3,562 shares of the business services provider’s stock worth $459,000 after buying an additional 170 shares in the last quarter. Finally, ROI Financial Advisors LLC boosted its holdings in Fiserv by 10.3% during the third quarter. ROI Financial Advisors LLC now owns 1,871 shares of the business services provider’s stock worth $241,000 after buying an additional 175 shares in the last quarter. Hedge funds and other institutional investors own 90.98% of the company’s stock.

Wall Street Analyst Weigh In

FISV has been the topic of a number of research analyst reports. JPMorgan Chase & Co. decreased their price objective on shares of Fiserv from $85.00 to $75.00 and set a “neutral” rating on the stock in a report on Wednesday, February 11th. Northcoast Research downgraded shares of Fiserv from a “buy” rating to a “neutral” rating in a report on Monday, February 2nd. Keefe, Bruyette & Woods decreased their price objective on shares of Fiserv from $80.00 to $75.00 and set an “outperform” rating on the stock in a report on Tuesday, April 7th. TD Cowen reissued a “buy” rating on shares of Fiserv in a report on Friday, May 15th. Finally, Robert W. Baird set a $78.00 price objective on shares of Fiserv in a report on Wednesday, May 6th. Nine equities research analysts have rated the stock with a Buy rating, twenty-six have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $82.97.

Fiserv Price Performance

FISV opened at $57.13 on Friday. The company has a fifty day simple moving average of $57.66 and a 200 day simple moving average of $61.90. The firm has a market cap of $30.46 billion, a price-to-earnings ratio of 9.68, a PEG ratio of 1.56 and a beta of 0.84. Fiserv, Inc. has a twelve month low of $52.17 and a twelve month high of $177.36. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.06.

Fiserv (NASDAQ:FISV) last released its quarterly earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share for the quarter, beating analysts’ consensus estimates of $1.57 by $0.22. The business had revenue of $4.68 billion during the quarter, compared to analyst estimates of $4.73 billion. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. Fiserv’s revenue was down 2.0% on a year-over-year basis. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. Equities research analysts expect that Fiserv, Inc. will post 8.14 EPS for the current fiscal year.

Fiserv Profile

Fiserv, Inc, founded in 1984 and headquartered in Brookfield, Wisconsin, is a global provider of financial services technology. The company develops and delivers integrated solutions for payments, processing, risk and compliance, customer and channel management, and business insights and optimization. Serving thousands of clients, Fiserv supports banks, credit unions, securities broker-dealers, leasing and finance companies, and retailers.

Fiserv’s core offerings include account processing systems that automate deposit, lending and transaction processing for financial institutions, as well as digital banking platforms that enable mobile and online banking services.